Photronics Stock Alpha and Beta Analysis

PLAB Stock  USD 21.76  0.77  3.42%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Photronics. It also helps investors analyze the systematic and unsystematic risks associated with investing in Photronics over a specified time horizon. Remember, high Photronics' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Photronics' market risk premium analysis include:
Beta
0.34
Alpha
(0.17)
Risk
2.41
Sharpe Ratio
(0.1)
Expected Return
(0.23)
Please note that although Photronics alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Photronics did 0.17  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Photronics stock's relative risk over its benchmark. Photronics has a beta of 0.34  . As returns on the market increase, Photronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Photronics is expected to be smaller as well. At present, Photronics' Book Value Per Share is projected to increase based on the last few years of reporting. The current year's Tangible Book Value Per Share is expected to grow to 22.67, whereas Enterprise Value Over EBITDA is forecasted to decline to 2.99.

Enterprise Value

666.15 Million

Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Photronics Backtesting, Photronics Valuation, Photronics Correlation, Photronics Hype Analysis, Photronics Volatility, Photronics History and analyze Photronics Performance.
For information on how to trade Photronics Stock refer to our How to Trade Photronics Stock guide.

Photronics Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Photronics market risk premium is the additional return an investor will receive from holding Photronics long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Photronics. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Photronics' performance over market.
α-0.17   Î²0.34
100%

Photronics expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Photronics' Buy-and-hold return. Our buy-and-hold chart shows how Photronics performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Photronics Market Price Analysis

Market price analysis indicators help investors to evaluate how Photronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Photronics shares will generate the highest return on investment. By understating and applying Photronics stock market price indicators, traders can identify Photronics position entry and exit signals to maximize returns.

Photronics Return and Market Media

The median price of Photronics for the period between Mon, Nov 25, 2024 and Sun, Feb 23, 2025 is 24.04 with a coefficient of variation of 5.18. The daily time series for the period is distributed with a sample standard deviation of 1.24, arithmetic mean of 24.0, and mean deviation of 0.96. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
JavaScript chart by amCharts 3.21.15123456789101112131415161718Dec2025Feb -10-50510
JavaScript chart by amCharts 3.21.15Photronics Photronics Dividend Benchmark Dow Jones Industrial
       Timeline  
1
Photronics Fiscal Q4 Earnings Snapshot
12/11/2024
2
Insider Trading
12/12/2024
3
Disposition of 8750 shares by Lee Kang Jyh of Photronics at 24.33 subject to Rule 16b-3
12/20/2024
4
Disposition of 8000 shares by Fiederowicz Walter M of Photronics at 24.27 subject to Rule 16b-3
12/26/2024
5
Disposition of 11250 shares by H Park of Photronics at 23.8 subject to Rule 16b-3
12/27/2024
6
Disposition of 35 shares by Christopher Progler of Photronics at 24.12 subject to Rule 16b-3
01/03/2025
7
Disposition of 10000 shares by Lee Kang Jyh of Photronics at 25.02 subject to Rule 16b-3
01/06/2025
8
Disposition of 8750 shares by Lee Kang Jyh of Photronics at 24.4 subject to Rule 16b-3
01/16/2025
9
Photronics at 10.6X PE is Trading Dirt Cheap Right Time to Buy
01/17/2025
10
Kang Jyh Lee Implements A Sell Strategy Offloads 458K In Photronics Stock
01/22/2025
11
Disposition of 3786 shares by Christopher Progler of Photronics at 24.01 subject to Rule 16b-3
01/24/2025
12
Acquisition by Macricostas George of 70000 shares of Photronics subject to Rule 16b-3
01/27/2025
13
Pacer Advisors Inc. Sells 382,720 Shares of Photronics, Inc. - MarketBeat
01/28/2025
14
4 Semiconductor Stocks to Buy on Solid Rebound in Sales
02/05/2025
15
Is Photronics Inc. the Best Small-Cap Semiconductor Stock to Buy Now
02/10/2025
16
Photronics Inc Announces Upcoming Financial Results for Q1 Fiscal 2025
02/12/2025
17
Acquisition by George Macricostas of 70000 shares of Photronics subject to Rule 16b-3
02/14/2025
18
Acquisition by Liao Daniel Jl of 7548 shares of Photronics subject to Rule 16b-3
02/19/2025

About Photronics Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Photronics or other stocks. Alpha measures the amount that position in Photronics has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2024 2025 (projected)
Dividend Yield0.0230.0202
Price To Sales Ratio1.871.56

Photronics Upcoming Company Events

As portrayed in its financial statements, the presentation of Photronics' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Photronics' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Photronics' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Photronics. Please utilize our Beneish M Score to check the likelihood of Photronics' management manipulating its earnings.
19th of February 2024
Upcoming Quarterly Report
View
22nd of May 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
11th of December 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of October 2023
Last Financial Announcement
View

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When determining whether Photronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Photronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Photronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Photronics Stock:
Check out Photronics Backtesting, Photronics Valuation, Photronics Correlation, Photronics Hype Analysis, Photronics Volatility, Photronics History and analyze Photronics Performance.
For information on how to trade Photronics Stock refer to our How to Trade Photronics Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Photronics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Photronics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Photronics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...